AI News: OpenAI's Cost Breakthrough & Christie's $250K AI Art Controversy | AI-Gen Daily

Minnesota's attorney general is challenging the Xcel Energy electric service agreement behind Google's Pine Island data center. Xcel says the deal delivers more than $1.1 billion in net benefits to it...

4 Okt 1min

Fermi's TensorWave lease on Project Matador is still unclosed: about $6.5 billion in expected revenue over a 15-year term for a 222 MW phase one. The lease is binding but not effective until closing, ...

3 Okt 1min

Apollo is backing more than $15 billion for a Japan AI campus that taps up to 400 MW behind the meter at JERA's Chiba thermal plant, with operations targeted around 2028. Michigan's PSC locked Google ...

2 Okt 1min

Digital Realty told RBC that megawatt-plus renewals printed above 60% last quarter as power stays scarce, AWS surfaced as the end user on Homer City's 36-building campus tied to a 4.4 GW gas plant, an...

1 Okt 1min

Senate leaders locked a bipartisan permitting deal that puts the grid upgrade bill on AI campuses. The American Affordability and Jobs Act from Sens. Heinrich, Lee, Capito, and Whitehouse would requir...

30 Sep 1min

California signed seven data center bills that put the full grid bill on AI campuses. Senate Bill 886 gives the CPUC until January 1, 2028 to set tariffs covering interconnection, transmission, distri...

29 Sep 1min

SoftBank cleared about $11.1 billion of senior notes with coupons up to 9.75% to fund its final $10 billion OpenAI tranche due October 1, as the 10-year Treasury sat near 5.17% and JPMorgan still maps...

28 Sep 1min

Lambda announced a new AI data center at MidAmerica Industrial Park in Mayes County, Oklahoma, with about $500 million in taxes over 10 years, up to 1,000 construction jobs, and a full ratepayer shiel...

27 Sep 1min